NIOC announced in a press release that the Development contract of Lavan gas field was signed between Iranian Offshore Oil Company (IOOC) and Energy Sepehr Co. today (27 December 2011) in presence of the Iranian minister of Petroleum, Rostam Ghasemi, and managing director of National Iranian Oil Com
Statoil and its partners are considering developing the Skrugard discovery in the Barents Sea by means of a floating production unit with the additional capacity to process and transport from other prospects in the area. A feasibility study has identified a technical and commercial solution for the
Norway’s Statoil and its partners are considering developing the Skrugard discovery in the Barents Sea by means of a floating production unit with the additional capacity to process and transport from other prospects in the area. A feasibility study has identified a technical and commercial solution
Tamares Telecom Ltd. is installing a third undersea cable connecting Israel and Cyprus. An additional undersea cable that will connect Israel with the world, should significantly improve competition and the telecoms market. With the third undersea cable, if the earnings mainly stay with the communic
Mitsubishi Heavy Industries Ltd. (MHI), Japan is to sign a technological collaboration agreement with L&T Shipbuilding Limited (LTSB) – the shipbuilding arm of Larsen & Toubro conglomerate – to provide a broad range of technological support for the construction of commercial vessels. The agreement,
CKYH-the Green Alliance hereby announces that, together with Evergreen Line (“Evergreen”), all parties intend to enhance highest frequency of service loops, expedition of delivery terms and full scale of port coverage in their services and agreed to strengthen cooperation among one another in Asia-E
INPEX CORPORATION announces that through its wholly owned subsidiary INPEX Alpha, Ltd., it has made the final investment decision on the Coniston oil field. Coniston is located in the Coniston Unit , which is the unitization area of parts of WA-35-L (excluding the Van Gogh Defined Area) and WA-44-R
Daewoo Shipbuilding & Marine Engineering Co., Ltd (DSME), the second largest shipbuilder in the world and one of the “Big Three” shipbuilders of South Korea, expects to secure new orders worth roughly $11 billion in 2012, according to Reuters. DSME’s CEO was quoted as saying that the company expects
Western Marine Shipyard, the country’s leading shipbuilding company, has launched another pair of ocean-going vessels for exporting to Germany. The launching of these two vessels — EMSWATER & EMSFLOW—were carried out on 23rd & 25th Dec 2011 respectively. The two with the total capacity of 10.400 DW
Residents and businesses using du’s Internet services can expect slower speeds after two international undersea cables carrying… (khaleejtimes) [mappress] Source: khaleejtimes , December 27, 2011
The Roll-on/Roll-off (Ro/Ro) Vessel, MV “DALIAN HIGHWAY” of “K” Line (Kawasaki Kisen Kaisha, Ltd.), made its maiden call at the Guide Pier of Sri Lanka Ports Authority (SLPA) on December 21, 2011. Established in 1919 and having multiple business lines in Marine, Land and Air transportation areas, “K
Iranian Offshore Engineering and Construction Company (IOEC) says phases 17 & 18 of the South Pars gas field will be operational until September 2012. “The phase 17 is scheduled to become operational in July and the phase 18 of the South Pars gas field will be launched in September 2012,” IOEC manag
Cairn Lanka Limited, a wholly owned subsidiary of Cairn India Limited, has successfully completed the first phase of the exploration campaign in Sri Lanka Block SL-2007- 01-001. The exploration programme involved the acquisition, processing and interpretation of 1,753 sq km of 3D seismic data and a
Seadrill has been issued a letter of award by Hess Equatorial Guinea, Inc. to enter into an eight well drilling contract offshore Equatorial Guinea for the semi-tender rig West Esperanza. The anticipated contract duration is a minimum of 18 months, with corresponding potential revenues of approximat
